Oklahoma-based a la mode, a mortgage technology firm, released a statement today that its Mercury Network service will completely waive all transaction fees for disaster inspection reports, as they surge to more than 200 times the normal level after Hurricane Sandy.
Vendors and clients can conduct transactions within minutes via Mercury’s Sandy specific webpage and, with more than 3,300 appraisers available in the storm-affected areas, lenders are within reach of a professional appraiser at any time.
“Our focus right now is to make sure lenders are able to immediately move forward on closings for unaffected properties, and get rapid assessments using the Catastrophic Disaster Area Inspection Report on those that have been impacted,” said Jennifer Miller, president of a la mode’s Mortgage Solutions Division. “We’re glad to be in a position to help the industry and the local area’s housing markets at a time when they need it the most.”
Additionally, many in the mortgage industry are lending a helping hand to those affected by the storm. a la mode will donate $10,000 to the “Young Families of Island Park Hurricane Relief,” whose mission is that each family who qualifies receives $1,000 to help pay for temporary housing.
If you would like to donate to the “Young Families of Island Park Hurricane Relief,” click here.